Price for Agriculture or Forestry Hand Tools in Sweden - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in Sweden (FOB) - 2023
- Price for Agriculture or Forestry Hand Tools in Sweden (CIF) - 2023
- Exports of Agriculture or Forestry Hand Tools in Sweden
- Imports of Agriculture or Forestry Hand Tools in Sweden
Price for Agriculture or Forestry Hand Tools in Sweden (FOB) - 2023
The average export price for agriculture or forestry hand toolses stood at $21,537 per ton in June 2023, surging by 20% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in July 2022 an increase of 25% against the previous month. As a result, the export price reached the peak level of $23,085 per ton. From August 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the United States ($88,501 per ton), while the average price for exports to Poland ($7,411 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Agriculture or Forestry Hand Tools in Sweden (CIF) - 2023
The average import price for agriculture or forestry hand toolses stood at $9,084 per ton in June 2023, growing by 9.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2023 an increase of 35% against the previous month. As a result, import price attained the peak level of $10,590 per ton. From May 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($20,300 per ton), while the price for Poland ($4,761 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Agriculture or Forestry Hand Tools in Sweden
Agriculture or forestry hand tools exports from Sweden reduced to 1.7K tons in 2022, which is down by -14.2% against the year before. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports attained the peak of 1.9K tons, and then shrank in the following year.
In value terms, agriculture or forestry hand tools exports shrank to $32M in 2022. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, the exports reached the peak of $37M, and then reduced in the following year.
| Export of Agriculture or Forestry Hand Tools in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.9 | 0.7 | 8.3 | 7.4 | 101.8% |
| Norway | 5.0 | 4.7 | 6.1 | 5.7 | 4.5% |
| United States | 2.2 | 2.2 | 3.8 | 2.7 | 7.1% |
| Denmark | 1.6 | 2.4 | 2.6 | 2.6 | 17.6% |
| Germany | 2.2 | 2.0 | 2.9 | 2.6 | 5.7% |
| Finland | 1.5 | 1.5 | 2.1 | 2.1 | 11.9% |
| Canada | 1.0 | 1.0 | 2.2 | 1.6 | 17.0% |
| Japan | 1.5 | 1.9 | 2.1 | 1.3 | -4.7% |
| United Kingdom | 0.8 | 1.0 | 1.5 | 1.1 | 11.2% |
| Poland | 0.5 | 0.6 | 1.0 | 0.7 | 11.9% |
| Latvia | 0.1 | 0.1 | 0.6 | 0.5 | 71.0% |
| Estonia | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Lithuania | 0.2 | 0.2 | 0.5 | 0.4 | 26.0% |
| Others | 2.6 | 3.0 | 3.2 | 3.0 | 4.9% |
| Total | 20.4 | 21.8 | 37.3 | 32.1 | 16.3% |
Top Export Markets for Agriculture or Forestry Hand Tools from Sweden in 2022:
- Netherlands (505.7 tons)
- Norway (311.6 tons)
- Denmark (147.5 tons)
- Finland (136.3 tons)
- Germany (101.9 tons)
- Poland (87.2 tons)
- United States (53.9 tons)
- Japan (45.3 tons)
- Latvia (37.4 tons)
- Canada (35.6 tons)
- United Kingdom (29.8 tons)
- Lithuania (27.4 tons)
- Estonia (26.1 tons)
Imports of Agriculture or Forestry Hand Tools in Sweden
In 2022, the amount of agriculture or forestry hand toolses imported into Sweden reached 3K tons, surging by 5% against the year before. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 5.7%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, agriculture or forestry hand tools imports reached $26M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Agriculture or Forestry Hand Tools in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.6 | 6.3 | 8.4 | 8.0 | 20.3% |
| China | 4.8 | 4.4 | 6.0 | 7.2 | 14.5% |
| Finland | 1.2 | 4.8 | 5.1 | 4.1 | 50.6% |
| Poland | 1.0 | 1.2 | 1.5 | 1.5 | 14.5% |
| Denmark | 0.5 | 0.6 | 0.7 | 1.1 | 30.1% |
| Taiwan (Chinese) | 0.6 | 0.5 | 0.6 | 1.0 | 18.6% |
| Netherlands | 3.6 | 0.5 | 0.5 | 0.5 | -48.2% |
| India | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Others | 0.8 | 1.3 | 1.6 | 2.2 | 40.1% |
| Total | 17.5 | 19.9 | 24.7 | 26.1 | 14.3% |
Top Suppliers of Agriculture or Forestry Hand Tools to Sweden in 2022:
- China (1194.1 tons)
- Germany (609.4 tons)
- Finland (456.7 tons)
- Poland (245.0 tons)
- Denmark (159.6 tons)
- India (66.3 tons)
- Taiwan (Chinese) (62.6 tons)
- Netherlands (57.9 tons)
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